A modestly scaled DA advisory business – long established by the Principal following a successful within leading Blue Chip Financial Services organisations.
Loyal client portfolio with an aggregate holding of c£230k – all located within the Counties of Somerset and Exeter.
Recurring income of c£85k plus trail of £15k. A 0.5% client charging model.
Fully FCA compliant with a cautious and vanilla attitude to risk. No “High Risk” product sales.
Balancing the requirements of the Regulator whilst remaining fully compliant and commercially viable is beginning to impact the client experience.
Wishing to remain in an advisory capacity for the medium term a “Sell & Stay” opportunity is sought introducing c£16m of client monies at a market rate to the acquirer firm.
Interest is invited from acquirers with similar high standards of client service and a presence in the South West of England.
A headline valuation of c£300-325k is sought as a share purchase enabling the vendor ETR eligibility.
On going employment terms are subject to negotiation and separate contract.Express Interest